The North America artificial intelligence market is expected to grow at a CAGR of 42.7% from 2016 to 2022. Artificial intelligence is a fast emerging technology, dealing with development and study of intelligent machines and software. This software is being used across various applications such as manufacturing (assembly line robots), medical research, and speech recognition systems. It also enables in-build software or machines to operate like human beings, thereby allowing devices to collect, analyze data, reason, talk, make decisions and act.

The report highlights the adoption of Artificial Intelligence market in North America. Based on the Technology, the Artificial Intelligence Market is segmented into Machine learning, Natural language processing, Image processing and Speech recognition market. On the basis of Application, the market is bifurcated into Government & Defense, BFSI, Consumer Goods & Retail, IT & Telecom, Healthcare, Energy & Utilities, Manufacturing, Education, Transportation and Others segment.